Under Alan Greenspan,the Fed Strived to Hit Its Goals of Price

question 88

Multiple Choice

Under Alan Greenspan,the Fed strived to hit its goals of price stability and high employment through

• A)setting targets for the federal funds rate of interest.
• B)setting targets for rates of growth in the M1 and M2 money supplies.
• C)practicing discretionary monetary policy,reacting to counter-changes in the level of unemployment during recessions and booms.
• D)strict adherence to rules based strategies.

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Definitions:

g-Aminobutyric Acid (GABA)

A neurotransmitter in the brain that plays a key role in regulating neuronal excitability and muscle tone.

Norepinephrine

A neurotransmitter and hormone involved in the body's fight or flight response, also implicated in mood regulation.

Acetylcholine

A neurotransmitter in the brain involved in memory and muscle movement.